moved for leave to introduce Bill C-282, an act to amend the Income Tax Act (deduction of property taxes paid in respect of a principal residence).
Mr. Speaker, the description of the bill is succinct indeed. It would provide that people who own homes could deduct from their taxable income the amount of money used to pay their property taxes. The impact and my theme in this bill would be that Canadians would not have to pay taxes on money they earn for the sole purpose of paying taxes.
(Motions deemed adopted, bill read the first time and printed)